What Was Chinese Trade In March?
As with all statistics, there are discrepancies that from time to time may obscure the meaning or validity of the particular estimate in question. For the vast majority of the time, any such uncertainties amount to very little. Overall, harmony among the major accounts reduces the signal noise from any one featuring a significant inconsistency. […]
Copper Price: Tactical Bull Market Ending Once $2.50 Broken
Readers vividly remember how hot the copper market was just 2 months ago. That is when we wrote that copper’s chart looks spectacular as the metal attempted for the sixth time to break above $2.80. However, copper did not manage to go higher, even after so many breakout attempts. As it became clear that there was not […]
Stocks And Precious Metals Charts – Risk-Off – Maundy Thursday
Today was a ‘risk-off’ day in the market Some of this was due to geopolitical risks. The rest was in anticipation of a three-day weekend, with new political and geopolitical risks being anticipated. The US has to renew the debt ceiling, and despite being controlled by one party it remains dysfunctional, being sharply divided by […]
7 Things You Don’t Want To Forget When Filing Your Taxes
If you are one of the many tax procrastinators out there, you are probably finding yourself up against the rapidly-approaching deadline of April 15.However, because April 15 falls on a Saturday this year and Emancipation Day is the following Monday, the deadline to file your taxes, is Tuesday, April 18, 2017. If you haven’t done your taxes […]
The Fed Must Be Reading Us
It’s too much of a coincidence. Fed officials must be reading our work. OK, they don’t really have to be… but if they don’t, they should. It’s not that we deserve credit for what comes next at the Fed, but I was glad to read the details last week in the nitty-gritty of the Fed’s […]
PPI Services Shows No Price Pressures
Wholesale prices show continued weakness, especially services. The BLS reports PPI for Final Demand Declines 0.1% in March. Services and goods both decreased by 0.1%. Y Year-over-year prices are up by 2.3% but that is based on easy comparisons and it also includes a big jump in oil prices which barely filtered through. BLS Points The […]
Coach Inc.: From Good To Great
The turnaround thesis for Coach is showing signs of being correct. Slow growth is the main persistent problem. The company shows signs of being open to go with a growth through acquisitions approach. If that materializes, a more complex thesis is necessary for Coach. Photo credit: bargainmoose Coach investment thesis 101 I’ve been testing an investment […]
3 Reasons Target Is Not The Next Sears
Target (TGT) is struggling to find its place in the retail landscape. It is a discount retailer, yet it has trouble competing with Wal-Mart (WMT), particularly when it comes to groceries. It wants to be a leader in e-commerce, yet it lags far behind Amazon.com (AMZN). What is happening to Target may ring a bell. […]
Am I Wrong About ETFs Being “Financial WMDs”? Goldman Says “Probably”
Somewhat surprisingly (given all the Trump headlines), Wednesday’s most popular post here at HR was “I Really – Really – Don’t Think This Is A Good Idea: ETF Edition.” In it, I rehashed my all-too-familiar, common sense argument about ETFs. Here it is, in a nutshell: What I do know is that if you step […]
Aehr Test Systems Announces Pricing Of Public Offering Of Common Stock
FREMONT, Calif., April 13, 2017 (GLOBE NEWSWIRE) — Aehr Test Systems (Nasdaq:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced the pricing of its previously announced underwritten public offering of 3,846,154 shares of its common stock at a price to the public of $3.90 per share. In addition, Aehr Test Systems has granted the […]
